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VERGE / BITCOIN

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XVGBTC trade ideas

Verge To Hit Dream Numbers Just like zclassic / Monero Verge is definitely bullish to look at the green lines indicates the continuation of the price rising. The Fib Speed Arc Goes / Red = selloff , Mid Green = Early Buy , Green = Buy , The green after that Indicates WHEN EVERY ONE ELSE BUY lol. The rest is up to the volume and how many nodes are active. Further more Consider the fact that This is an Anonymous Crypto in other words XVG / Verge is Undervalued. Think about it.. All the cryptos that have been rising, are only the Anonymous one's So adding that to the current price of Verge, Then we will see price move up a lot this year and the next .
Long
by AddaKonto
2
XVG IdeaMany are waiting for a XVG breakout. BTC still in correction, I do not see BTC climbing up within the next 2-3 weeks and breaking the strong resistance, maybe still retesting Support ~ 8000 or lower. XVG pretty much, as most Altcoins, waits for the correction to be over. The little Circle shows the potential when BTC climbs up, XVG reacts simultaneously. When BTC little run to ~9247, XVG went up a bit too, no surprise in that. You see a beautiful elliott wave with an ABC correction, I suppose the rise of XVG is just a matter or time. News of XVG aren't too exciting, on the other side XVG hadn't the chance to break out within the last weeks. Volume is low, support around 550 is strong, MACD doesn't show any strong reaction up within the next days or weeks. RSI around ~30 (12h chart), oversold and that's a good sign. Price of XVG around 600 today. I see XVG going up to 1 US Dollar till September. The concept is good, whitepaper and team looks promising as the project itself.
by FloTi
9
Verge (XVG) - How To Trade 4 Beginners (Sideways + Downward)I drew a descending channel, resistance and support levels, for Verge (XVG) about 20 days ago. The coin has been trading within this descending channel and the support level has been holding strong. This support level mentioned above sits around the 600 satoshis (0.00000600 btc). Which is also the EMA90. This level can hold longer, but it can also break. For now we are going sideways with bearish tendencies, which is normal as this coin is on its correction / consolidation phase. (You can see all this in my old trade idea in the updates section below) . I believe this level will be broken, If this level breaks, you can expect XVG to test the next one and then the next one. For now we focus on the next one, for me which is around the 450 satoshis (around because it can be higher or lower, but near this price). I also added a new resistance line around the 930 satoshis level. This is a strong resistance, smaller resistance will be faced if Verge decides to shoot up. To trade this coin, please stay on the sidelines, watch from afar. The market is correcting, so is Verge, so there is high probabilities of the price going lower. The indicators on the chart are also bearish, which points to down movement. There are no bullish signals on this chart. So wait until a bottom is reached / support is found, wait for the accumulation period, and then Verge can start its next run. This whole process can take several months to be completed. For any questions please feel free to use the comment section below. Thank you for your support again... With much LOVE, from me, to YOU... Namaste.
Education
by MasterAnanda
39
XVG new support zoneRecent fluctuations point to XVG trying to establish a new support window. Red lines show current markings or supt/resistance (which when pulled back match up to supt zones in the past. The blue line highlights the current zone that XVG seems to be trying to hold to. you can see a handle with a small cup followed by several ups and downs as it tries to pull to this new line. There is still work to do if XVG wants to move up past this mid level supt line to the higher resistance line. A market shift should occur soon on this coin any thoughts on what way? Again not financial advice just my personal observation.
Short
by olddb
2